1) In 1992, the average credit card debt for an American family was $3275. In 2006, the average credit card debt for a family was $8900. Find the average rate of change of credit card debt with respect to time. A) 390.80 - yr B) 401.79– yr C) 412.68£ yr D) 423.57 yr E) 434.46– yr

1) In 1992, the average credit card debt for an American family was $3275. In 2006, the average credit card debt for a family was $8900. Find the average rate of change of credit card debt with respect to time. A) 390.80 - yr B) 401.79– yr C) 412.68£ yr D) 423.57 yr E) 434.46– yr

Mathematics For Machine Technology

8th Edition

ISBN:9781337798310

Author:Peterson, John.

Publisher:Peterson, John.

Chapter35: Metric Vernier Micrometers

Section: Chapter Questions

Problem 3A

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Concept explainers

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.

Question

help plz

1) In 1992, the average credit card debt for an
American family was $3275. In 2006, the
average credit card debt for a family was $8900.
Find the average rate of change of credit card
debt with respect to time.
A) 390.80-
yr
B) 401.792
yr
C) 412.68 2
yr
D) 423.57
yr
E) 434.462
yr

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